---
schema_version: "secwatch.filing_event.v1"
accession: "0000070145-25-000034"
form_type: "8-K"
ticker: "NFG"
cik: "0000070145"
company_name: "NATIONAL FUEL GAS CO"
filed_at: "2025-11-06T23:59:59+00:00"
generated_at: "2026-05-17T00:05:00.937600+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# National Fuel Q4 adj EPS $1.22 (+58% YoY); announces $2.62B Ohio utility acquisition; FY26 guidance $7.60-$8.10

## Summary
- Q4 adj EPS $1.22 (+58% YoY); GAAP EPS $1.18 vs prior-year loss $1.84.
- Full-year adj EPS $6.91 (+38%); record production 426 Bcf (+9%); capex down $40M (6%).
- Acquires CenterPoint Energy's Ohio gas utility for $2.62B, expected to close Q4 2026, doubling Utility rate base.
- FY2026 adj EPS guidance $7.60-$8.10 at $3.75/MMBtu NYMEX; sensitivities provided for $3.00 and $4.00 scenarios.

## SEC filing metadata
- accession: 0000070145-25-000034
- form_type: 8-K
- ticker: NFG
- cik: 0000070145
- company_name: NATIONAL FUEL GAS CO
- filed_at: 2025-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/70145/000007014525000034/0000070145-25-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/70145/000007014525000034/nfg-20251105.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000070145-25-000034
- JSON: https://secwatch.observer/filing/0000070145-25-000034.json
- Plain text: https://secwatch.observer/filing/0000070145-25-000034.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.